Productivity increase in 1999
February 09, 2000
Productivity increased 2.9 percent in the nonfarm business sector during 1999, about the same as the 2.8 percent rise in 1998.
During 1999, output in nonfarm businesses rose 4.7 percent, and hours of all persons increased 1.7 percent. The increase in labor productivity in 1998 resulted from faster growth in both output and hours, 5.2 and 2.4 percent, respectively.
Unit labor costs in the nonfarm business sector grew 1.8 percent in 1999, slightly less than their 2.4-percent increase in 1998. This reflected, in part, an hourly compensation rise of 4.8 percent in 1999, compared with a 5.2 percent increase in 1998.
These data are a product of the BLS Quarterly Labor Productivityprogram. Data are subject to revision. Additional information is available in "Productivity and Costs, Fourth Quarter Measures, 1999," news release USDL 00-37.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity increase in 1999 on the Internet at https://www.bls.gov/opub/ted/2000/feb/wk2/art03.htm (visited January 15, 2021).
Recent editions of Spotlight on Statistics
- Occupational Employment and Wages in Metro and Nonmetro Areas
Examines similarities and differences in employment and wages between metro and nonmetro areas.
- Gulf War Era Veterans in the Labor Force
Examines the demographic, employment, and unemployment characteristics of civilians who served in the U.S. military during Gulf War era.
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.